Protective Life Corporation - Company Profile
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Protective Life Corporation (Protective Life), a subsidiary of Dai-ichi Life Insurance Company, Limited, is a financial services holding company. The company, through its subsidiaries, is focused on the development, distribution, and administration of insurance and investment products. Protective Life markets universal life insurance, variable universal life insurance, bank-owned life insurance, and level premium term insurance products. The company also markets fixed and variable annuity products, and fixed and floating rate funding agreements. It focuses on the acquisition, conversion, and servicing of life insurance policies and annuity products sold to individuals. Furthermore, it sells extended service contracts and credit life and disability insurance products. Protective Life is headquartered in Birmingham, Alabama, the US.
Headquarters
United States of America
Address
2801 Highway 280 South, Birmingham, Alabama, 35223
Website
www.protective.com
Telephone
1 205 2683596
No of Employees
3,800
Industry
Financial Services
Revenue (2025)
$8.0B
Protective Life Corporation premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Life Insurance: | Claims Management |
| Term Life | Asset Protection |
| Whole Life | Commercial Mortgages |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, Protective Life Insurance Company signed an agreement with Genstar Capital to acquire Obsidian Insurance Holdings, Inc. and its affiliates, a property, casualty and specialty insurance platform. |
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired Portfolio Holding, Inc., a leader in reinsurance management services and finance products. |
| 2025 | Divestiture | In February, the company sold Concourse Financial Group Securities, Inc. to Cetera Financial Group, and Concourse Financial Group Agency, Inc. to Simplicity Group. |
Competitor Comparison
| Key Parameters | Protective Life Corporation | Principal Financial Group Inc | Globe Life Inc | Mutual of Omaha Insurance Company | Independence Holding Company |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Birmingham | Des Moines | Mckinney | Omaha | Stamford |
| State/Province | Alabama | Iowa | Texas | Nebraska | Connecticut |
| No. of Employees | 3,800 | 19,700 | 3,695 | - | 550 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Richard J. Bielen | President; Chief Executive Officer; Director | Executive Board | 2017 | - |
| Wade Harrison | Chief Operating Officer; Vice Chairman | Senior Management | 2026 | - |
| Matthew Kohler | Senior Vice President; Chief Information Officer | Senior Management | - | - |
| Mark L. Drew | Chief Legal Officer; Executive Vice President | Senior Management | 2016 | - |
| Dom Lebel | Senior Vice President; Chief Risk Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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